Question: need quick help ABC company received $3,000 for services provided. This transaction is journalized by: Service Revenue 3,000 Dr. & Cash 3,000 Cr. Accounts Receivable

need quick help need quick help ABC company received $3,000 for services provided. This

ABC company received $3,000 for services provided. This transaction is journalized by: Service Revenue 3,000 Dr. & Cash 3,000 Cr. Accounts Receivable 3.000 Dr. & Service Revenue 3.000 CM OB Cash 3 000 Dr. & Service Revenue 3.000 CM . Service Revenue 3.000 Dr & Accounts Receivable 3.000 CM OD

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

All question thanks The clearer version of the question is on the last 3 pages Greenchic Company ("Greenchid) is nie sond hand shop that matches sellers and buyers of fashion good. The Company...

need quick help The Company received $5,000 cash in advance for services to be provided next month. This transaction is journalized by: Accounts Receivable 5,000 DI & Service Revenue 5,000 Cr. OA...

please help me with the ones I got wrong. I sent more pictures so it is easier for you. thank you The adjusted trial balance columns of the worksheet for Blossom Company, owned by C. Blossom, are as...

GLO202 (Algo) - Based on Exercise 2-13 Prepare journal entries for each transaction and identify the financial statement impact of each entry The financial statements are automatically generated...

Exercise IV (REQUIRED ANYWAY) The Accounting Cycle - Problem Set ABC Company Ltd. Balance Sheet on Nov. 30, 2014 Equities Land Machinery equipment Office Store equipment Raw materials Inventory...

Dec 23 900 units at 11,5 per unit Requirement: 1. Calculate the cost of goods sold and the inventory cost as of December 31, 2020, using the LIFO method. 2. Compute the gross profit for December...

I am needing someone to look over the "Adjusted Journal entries" I have made and make sure they are correct. My adjusted trial balance is off. I can not seem to find the problem. Read ALL...

I need desperate help with this Comprehensive Project in Accounting. Document attached Read ALL instructions before getting started! ABC Corporation is a new company that buys and sells office...

Please help me with the following assignments. Please answer all assignments and highlight answers. Upon completion there will be a tip added. Thank you. ACCOUNTING - Tenth Edition Solutions Manual...

Provide a case summary of the case Salomon v Salomon & Co Ltd [1897] using the IRAC method. What was the significance of this case law in relation to the legal concept of a separate legal entity?

Subquality natural gas contains an intolerable amount of nitrogen impurity. Separation processes that can be used to remove nitrogen include cryogenic distillation, membrane separation, and...

Which scenario best illustrates the impact of political risk on investments in emerging markets? A sudden regulatory reform boosts investor confidence and triggers a rapid increase in domestic asset...

5. Develop a scenario comparing two PH programs and involving the use of a CBA.

Foreign investors. These often bring fixed ideas about HRM in terms of organizational culture, management philosophy and practice.

3 How would the situation be different if Volkswagen were to establish a joint venture with a Russian company? What people management principles and practices should be put in place?

Strained labourmanagement relations that are deep-rooted. Long-term benefits, they believe, can be obtained through appropriate employee training on company survival, and both managers and employees...